Tag Archives: Vitalik Buterin

Vitalik Buterin’s first tryst with the Bitcoin community dates back to 2011. He began participating in ‘Bitcointalk,’ a forum created by Satoshi Nakamoto. It was then that he co-founded and started writing articles for Bitcoin magazine. He began traveling to speak with BTC developers around the world in a bid to construct a new, potentially superior iteration of the Bitcoin blockchain. In late 2013, Buterin described the idea of yet another digital currency in a white paper...

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Last month, the Solana ecosystem was at the forefront of the FTX saga, taking a significant hit from the company’s bankruptcy filing. Since then, projects have left the network, while the native token lost a significant chunk of its USD value. Interestingly, the blockchain, once regarded as an “Ethereum Killer,” has received support from Ethereum co-founder Vitalik Buterin. In a Twitter post on December 29, Buterin said the recent events in the crypto industry had washed away...

Grayscale – one of the largest bitcoin trusts in the world – says it’s not going to be sharing its proof of reserves with customers, causing a lot of heads to turn, eyebrows to hike, and fear to surge. Why Won’t Grayscale Spill the Beans? The concern amongst digital currency enthusiasts and analysts is that Grayscale is somehow not too far off the mark from where FTX stood. FTX is a failed digital currency exchange that was at one time considered the golden player of the...

FTX’s collapse has shaken the crypto market to the very core. But this isn’t the first time the space has experienced significant turmoil related to the failure of an exchange. The fall of Mt. Gox, an exchange that oversaw 80% of all Bitcoin trades back in February 2014, did likewise. Its former chief executive officer – Mark Karpelès – was arrested in 2015 and was later acquitted on several charges four years later. While admitting that Karpelès did a “bunch of horrible...

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Following the collapse of famed crypto exchange FTX, Ethereum co-founder Vitalik Buterin is planning a new set of protocols that would help exchanges show their customers what reserves they have in place. Vitalik Buterin Says Exchanges Need to Be Clear One of the big things that allegedly led to the fall of FTX was the sudden and unexpected “liquidity crunch” the company seemed to endure last-minute. It was stated in a series of messages online that Sam Bankman-Fried,...

Während andere Banken auf dem Krypto-Markt zurückbleiben, setzt die zweitgrösste japanische Sumitomo Bank, auf Innovation und integriert einen eigenen „Soulbound Token“, um Identitäten zu verifizieren. Obwohl der Kryptomarkt immer noch schwächelt – möchte sich die Sumitomo Bank bahnbrechend im Web3, der neuen Generation des World Wide Web welches auf der Blockchain basiert, etablieren. SMBC Asia hub is located in Centennial Tower in SingaporeFoto CC 4.0 by Heyheywoop,...

Ethereum co-founder Vitalik Buterin published a blog post on Monday reviewing the development of various blockchain use-cases over the past several years.  With years of experimentation now behind the ecosystem, the developer has narrowed down a list of applications that he personally finds most worthy of attention in crypto. Money: The Most Important App Buterin began by highlighting what he sees as the most important – and first – application of blockchain: creating new...

Vitalik Buterin – the man behind Ethereum, the world’s second largest digital currency by market cap and the number one competitor to BTC – has announced that he doesn’t think right now is the best time for a crypto-based ETF (exchange-traded fund). Vitalik Buterin: It’s Not the Time for a Crypto ETF To be fair, such a product already exists. It was introduced by Pro Shares during autumn of last year, and it stirred heavy controversy by being based on futures technology rather than actual...